For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of CXApp Inc (NASDAQ: CXAI) was $0.98 for the day, up 3.88% from the previous closing price of $0.94. In other words, the price has increased by $3.88 from its previous closing price. On the day, 0.56 million shares were traded.
Ratios:
Our analysis of CXAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.28.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 13 ’24 when EISNOR DI-ANN sold 15,000 shares for $3.38 per share. The transaction valued at 50,700 led to the insider holds 64,120 shares of the business.
Di-Ann Eisnor bought 15,000 shares of CXAI for $50,646 on Aug 13 ’24.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.10 while its Price-to-Book (P/B) ratio in mrq is 1.24.
Stock Price History:
Over the past 52 weeks, CXAI has reached a high of $3.76, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -10.50%, while the 200-Day Moving Average is calculated to be -31.77%.
Shares Statistics:
A total of 19.81M shares are outstanding, with a floating share count of 15.18M. Insiders hold about 26.93% of the company’s shares, while institutions hold 16.37% stake in the company.
